NOT LISTED FOR SALE

2550 Lakeview Trail Cumming, GA 30041

Estimated Value: $266,000 - $367,000

2 Beds
1 Bath
1,048 Sq Ft
$321/Sq Ft Est. Value

Last Sold June 27, 2023

Last sale price $335,000 $320 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,075/month

21 Days on Market

Highlights

  • RV or Boat Parking
  • Deck
  • Sun or Florida Room
  • Mashburn Elementary School Rated A
  • Ranch Style House
  • Solid Surface Countertops

About This Home

As of June 2023

Perfect, perfect, perfect! This adorable 2 bedroom one bath home is situated near the end of a quiet dead end street just steps away from neighborhood lake access. The current owner has just installed all new kitchen cabinets, quartz countertops, a new tile backsplash, and an over-the-range microwave. The bathroom tile has just been replaced, and new bathtub and tile surround were just installed with a tumbled marble accent niche. All carpets inside are in great condition and have been professionally cleaned. Outside, numerous large trees were removed, yard was re-graded, drainage solutions were added to control water, grass has been aerated and seeded, and a brand new 6 ft privacy fence was just installed. The air conditioning and furnace were installed in 2016, roof in 2021, and septic was inspected and pumped less than 1 year ago. The current owner had all new water lines run inside as well! This home has an enormous primary bedroom with a walk in closet, as well as a large secondary bedroom, plus room for an office. Back deck provides fantastic additional space for entertaining, and neighborhood has an optional HOA with pool and clubhouse! There are several neighborhood lake access points, and tons of shopping and restaurants nearby.

Last Agent to Sell the Property

Christina Patel

Boulevard License #381002 Listed on: 04/26/2023

Boulevard

Last Buyer's Agent

Elise Kimble

HomeSmart License #391331

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1990

Lot Details

  • 0.26 Acre Lot
  • Privacy Fence
  • Back Yard Fenced
  • Level Lot
  • Grass Covered Lot

Home Design

  • Ranch Style House
  • Bungalow
  • Block Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,048 Sq Ft Home
  • Ceiling Fan
  • Factory Built Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry closet

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Parking Pad
  • RV or Boat Parking

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Deck
  • Shed

Schools

  • Mashburn Elementary School
  • Lakeside Middle School
  • Forsyth Central High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 220 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Eagle Creek Shores Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,719

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • ArchitecturalStyle: Bungalow/Cottage, Ranch
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: One
  • Lot Size Acres: .26
  • Other Sturctures: Shed(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 1048
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave
  • Bedrooms: 2
  • Dining Room Features: Dining Rm/Living Rm Combo
  • Basement: Crawl Space
  • Total Finished Sq Ft: 1048
  • Above Grade Finished Sq Ft: 1048
  • Interior Amenities: Walk-In Closet(s), Master On Main Level
  • Feature Name: LANIER
  • Accessibility Features: Accessible Approach with Ramp
  • Full Bathrooms: 1
  • Fireplace Features: Family Room, Factory Built
  • Flooring: Carpet, Vinyl
  • Kitchen Features: Breakfast Area, Kitchen Island, Pantry, Solid Surface Counters
  • Price Per Square Foot: 319.66

Beds/Baths

  • Main Level Full Bathrooms: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Vinyl Siding
  • Fencing: Fenced, Back Yard, Privacy
  • Foundation Details: Block
  • Lot Features: Level, Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Parking Pad, RV/Boat Parking
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Security Features: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Cable Available, Electricity Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Lakeside
  • Elementary School: Mashburn
  • Middle School: Lakeside
  • High School: Forsyth Central

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Allen Stacy S
Bought by
Waterstone Developement Llc
Current Estimated Value
$339,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,200
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2013
Sold by
Allen Stacey S
Bought by
Waterstone Development Llc

Purchase Details

Closed on
Sep 29, 2000
Sold by
Chastain Lorie
Bought by
Ashton Stacy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 1998
Sold by
Shirley Marlah Joy
Bought by
Chastain Lorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
7.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Waterstone Developement Llc -- O Kelley & Sorohan Attorney At
Waterstone Development Llc -- --
Ashton Stacy $94,500 --
Chastain Lorie $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunt Nicole $285,000
Closed Waterstone Developement Llc $148,200
Previous Owner Allen Stacy S $79,000
Previous Owner Allen Stacy S $95,200
Previous Owner Ashton Stacy $94,400
Previous Owner Chastain Lorie $18,960
Previous Owner Chastain Lorie $76,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2023 06/27/23 Sold $335,000 0.0% $320 / Sq Ft
05/25/2023 05/25/23 Off Market $335,000 -- --
05/17/2023 05/17/23 Pending -- -- --
05/10/2023 05/10/23 Price Changed $335,000 -4.3% $320 / Sq Ft
05/03/2023 05/03/23 Price Changed $350,000 -2.5% $334 / Sq Ft
04/26/2023 04/26/23 For Sale $359,000 +19.7% $343 / Sq Ft
06/24/2022 06/24/22 Sold $300,000 0.0% $286 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $300,000 -- $286 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,369 $102,300 $24,000 $78,300
2023 $2,347 $95,340 $20,000 $75,340
2022 $1,719 $57,640 $10,400 $47,240
2021 $1,592 $57,640 $10,400 $47,240
2020 $1,534 $55,560 $10,400 $45,160
2019 $1,257 $45,440 $9,600 $35,840
2018 $1,144 $41,360 $14,000 $27,360
2017 $1,112 $40,080 $14,000 $26,080
2016 $1,047 $37,720 $14,000 $23,720
2015 $938 $33,720 $10,000 $23,720
2014 $754 $28,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Christina Patel

    Boulevard

    Section Image

  • E

    Buyer's Agent in 2023

    Elise Kimble

    HomeSmart

    Section Image
  • Stacy Allen

    Seller's Agent in 2022

    Stacy Allen

    Keller Williams Realty Community Partners

    (678) 341-7400

    2 in this area

    88 Total Sales

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Map

Source: Georgia MLS

MLS Number: 10153023

Georgia MLS

APN: 196-343

Georgia Forsyth County Cumming 30041

2550 Lakeview Trail, Cumming, GA

This home is located at 2550 Lakeview Trail, Cumming, GA 30041 since 26 April 2023 and is currently estimated at $336,504, approximately $321 per square foot. This property was built in 1990. 2550 Lakeview Trail is a home located in Forsyth County with nearby schools including Mashburn Elementary School, Lakeside Middle School, and Forsyth Central High School.

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